Basic-Fit to accelerate pace of club openings

By the end of 2022, Basic-Fit aims to have 1,250 clubs, by 2025, 2,000 clubs and by 2030, Basic-Fit wants to expand its network to 3,000 to 3,500 clubs. Turnover is expected to increase to EURm 800 to 850 in 2022, compared to EURm 515 in 2019.

Basic-Fit N.V., Europe’s largest fitness operator with over 1,000 clubs and 2.25 million members, presented an update on its strategy and growth plans for the period 2022 – 2025 today:

The company will further accelerate the pace of club openings to between 200 and 300 clubs a year, which is a clear step up from 100 to 150 openings over the past five years. Basic-Fit aims to have 1,250 clubs by the end of 2022 and 2,000 clubs by 2025. By 2030, Basic-Fit aims to grow its network to 3,000 to 3,500 clubs. Basic-Fit’s growth strategy and continued recovery after the lifting of most of the COVID-19 related government measures since May, are expected to result in a revenue of EURm 800 to 850 in 2022, compared to EURm 515 in 2019 (pre-COVID level), barring unforeseen circumstances, including tougher COVID-related measures than currently in place.

Source: Basic-Fit
Picture: Basic-Fit

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